Led by Ribbit Capital, the round also saw participation from existing investor Sequoia Capital.
“This latest round caps an incredible 12 months for Vise,” the company says.
“Since our Series A round last May, we have increased our assets under management by more than 60x to over $250 million. And grown our team from just six employees to over 70.”
The raised capital will help Vise advance its “mission of creating financial freedom for everyone”.
Vise was founded in 2016 by Samir Vasavada and Runik Mehrotra. Its flagship platform uses artificial intelligence (AI) to automate investment management for financial advisors.
